Castler

Castler Is Building the New Operating System For Escrow Banking. Castler’s unique Escrow Banking Stack is the middleware between Banks and Enterprises to solve the problems of ever-changing business and revenue models, complex transaction flows, source of money, identity verification, fraud management and customer-consumer protection. Castler is a global escrow platform for enterprises offering both domestic and cross-border escrow solutions. Operational since April 2021, the Company works with 10 Banking Partners and is the trusted escrow solution for over 500 enterprises and manages over INR 5000 crores in transactions every month. Trust is the most important digital currency and Castler is building the epitome of Trust -as-a-Service in India. Castler has raised $6 million in a Pre-Series A , backed by Capital 2B (an Info Edge fund), Flipkart and IIFL Ventures. Stride Ventures & Piper Serica also participated in the funding round along with returning investors Zerodha, Venture Catalysts, 9Unicorns, and FAAD Network. Castler is a pioneer in the field of Digital Escrow in India. Founded by Vineet Singh and Dinesh Kumar, both startup veterans, the company’s endeavor is to build a global escrow platform for both domestic and cross border transactions on the pillars of good governance and responsible execution. Castler recently appointed Kumar Amit, ex-VP Razorpay as Co-founder & COO towards its endeavor of scaling the business to 100x.